Tag: Brookfield India REIT

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Brookfield India REIT Secures ₹2,600 Crore in Placement

NEW DELHI: Brookfield India Real Estate Trust (Brookfield India REIT) has successfully raised around ₹2,600 crore through an institutional placement of units, which includes a ₹1,125 crore investment from 360 ONE Asset in one of its prominent office assets located in Bengaluru. According to a regulatory filing, the REIT allocated over 8.04 crore units to eligible institutional investors at an issue price of ₹323 per unit, which is a 2.1% discount compared to the floor price of ₹329.94 per unit. In another development, Arliga Ecoworld Business Parks, a special purpose vehicle (SPV) of Brookfield India REIT, completed the equity shares…

CommercialLatest Stories

Brookfield India REIT Launches Placement at ₹329.94/unit

NEW DELHI: Brookfield India Real Estate Trust (Brookfield India REIT) has commenced its institutional placement for unit subscriptions after receiving approval from unitholders earlier this month. The issue was initiated on April 16, 2026, following the approval from the issue committee of Brookprop Management Services, the REIT’s managing entity, which accepted the preliminary placement document. The institutional placement’s floor price has been established at ₹329.94 per unit, consistent with regulatory pricing criteria. Fundraising will occur through one or more tranches of institutional placements, in accordance with the Securities and Exchange Board of India (REIT) Regulations. Approval from unitholders for this…

CommercialLatest Stories

Brookfield India REIT Raises ₹2,600 Crore for Growth

MUMBAI: The International Finance Corporation (IFC), a member of the World Bank Group, in collaboration with Whiteoak Capital, HDFC Life Insurance, Axis Max Life Insurance, and PPFAS Mutual Fund, is participating in Brookfield India Real Estate Trust’s Qualified Institutional Placement (QIP) aimed at raising ₹2,600 crore, according to sources familiar with the matter. The initial issue, set at ₹2,000 crore, was increased with a 30% greenshoe option due to strong investor interest, and is expected to close this week. “The issue size was raised on Friday following enthusiastic responses from investors. Approximately 90% of the allocation went to long-only investors,…

CommercialLatest Stories

Shashank Jain Appointed CEO as Alok Aggarwal Retires from Brookfield India REIT

NEW DELHI: The Board of Directors at Brookprop Management Services, which manages Brookfield India Real Estate Trust (Brookfield India REIT), has appointed Shashank Jain as the new Chief Executive Officer and Managing Director, effective July 1, 2026, succeeding Alok Aggarwal. Alok Aggarwal, who has been at the helm since the inception of the REIT, will be stepping down as of the close of business on June 30, 2026, as per a regulatory filing. Jain comes from PwC India, where he served as co-head of the deals practice, bringing over 25 years of experience in real estate, private equity, and mergers…

CommercialLatest Stories

Brookfield India REIT to Raise ₹4,000 Crore; Ecoworld SPV ₹1,125 Crore

Representative AI image NEW DELHI: Brookfield India Real Estate Trust (Brookfield India REIT) is set to raise up to ₹4,000 crore through institutional unit placements. Meanwhile, its subsidiary, Arliga Ecoworld Business Parks, plans to secure ₹1,125 crore from funds managed by 360 ONE WAM, as disclosed in regulatory documents. The board of Brookprop Management Services, which manages Brookfield India REIT, approved the institutional placement proposal during a meeting on March 12, 2026. The fundraising is expected to take place across one or more tranches, pending approval from the REIT’s unitholders. Funds from the institutional placement will be utilized for acquiring…

CommercialLatest Stories

Brookfield REIT’s Q3 FY26 NOI Rises 14%

NEW DELHI: Brookfield India Real Estate Trust (Brookfield REIT) has announced a year-on-year increase of 14% in its net operating income (NOI), reaching ₹5,404 million for the third quarter and nine months ending December 31, 2025, up from ₹4,745 million in Q3 FY25. The company declared distributions of ₹5.40 per unit, totaling ₹4 billion for Q3 FY26, marking a 10% year-on-year growth. Income from operating lease rentals also rose by 13% year-on-year, increasing to ₹5,003 million from ₹4,426 million in Q3 FY25. Additionally, same-store NOI showed a rise of 9% year-on-year. “We achieved strong leasing results with a quarterly gross…

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Brookfield India REIT Secures ₹2,000 Cr via Green Bonds

Brookfield India Real Estate Trust has successfully raised Rs 2,000 crore through its first sustainability-linked bonds, with the International Finance Corporation (IFC) as a key anchor investor, according to sources familiar with the matter. Other notable subscribers include a mix of domestic and international institutional investors. The listed REIT is set to issue the bonds with a quarterly coupon of 7.06% over a tenure of five years. This marks the second fundraising effort by Brookfield India REIT in two weeks, following a Rs 3,500 crore equity offering through a qualified institutional placement (QIP) from both domestic and global investors earlier…

CommercialLatest Stories

Brookfield India REIT Secures ₹3,500 Crore for Growth, Debt Relief

NEW DELHI: Brookfield India Real Estate Trust (Brookfield India REIT) has successfully raised ₹3,500 crore through a qualified institutional placement (QIP) of units, representing one of the largest capital raises by an Indian REIT. The offering, which commenced on December 10, 2025, saw demand surpass three times the available amount. According to the disclosure, the REIT garnered over ₹10,900 crore in demand from both domestic and foreign institutional investors, resulting in the allotment of 10.94 crore units under the QIP. The funds raised will be utilized for portfolio expansion, including the planned acquisition of Ecoworld, a 48-acre, 7.7 million sq…

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Brookfield India REIT Initiates QIP for ₹3,500 Crore

NEW DELHI: Brookfield India Real Estate Trust is set to raise up to Rs 3,500 crore through the sale of units to institutional investors. On Thursday, the company initiated its Qualified Institutional Placement (QIP) issue to generate funds. Recently, unitholders of Brookfield India Real Estate Trust endorsed a proposal to secure funding through one or more institutional placements. According to a regulatory announcement, the issue committee of Brookprop Management Services Pvt Ltd, which manages Brookfield India REIT, has authorized the opening of the QIP issue on December 4, 2025, to start receiving bids. The panel also approved a floor price…

CommercialLatest Stories

Brookfield India REIT to Buy 7.7M sq ft Park for ₹13,000 Crore

NEW DELHI: Brookfield India Real Estate Trust (BIRET) announced plans on Tuesday to acquire 7.7 million sq ft of commercial properties in Bengaluru for Rs 13,125 crore as part of its business expansion. The acquisition will be treated as a related party transaction and is expected to be conducted at arm’s length, as stated by the company. In its regulatory filing, BIRET disclosed that the Board of Directors of Brookprop Management Services Pvt Ltd, the trust’s manager, approved the acquisition of up to 100% of the issued and paid-up equity share capital of Arliga Ecoworld Business Parks Pvt Ltd for…